Sea reports Q2 revenue up 23% YoY to $3.8B, a $79.9M net income, vs. $60M est., and GMV up 29% YoY to $23.3B; Shopee raised its merchant fees by ~33% in 2024 (Olivia Poh/Bloomberg)

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3. Sea reports Q2 revenue up 23% YoY to $3.8B, a $79.9M net income, vs. $60M est., and GMV up 29% YoY to $23.3B; Shopee raised its merchant fees by ~33% in 2024 (Olivia Poh/Bloomberg)